environmental and social impact assessment, page-69

I'm laughing at those lbs comparisons with Xemplar and WME. It's embarrassing.
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(1) Have any of you looked at Xemplar?

" 5 drill holes from the Company’s ongoing 2009:

Big Yellow East, 25 intervals of 1 to 4 meters with grades ranging from 101.0 parts per million (PPM) (0.01%) to 295.0 PPM (0.030%)

Big Yellow West 70 intervals of 1 to 4 meters with grades ranging from 100.3 parts per million (PPM) (0.01%) to 211.0 PPM (0.021%)

The 2009 drill program is well underway; the objective is to begin developing uranium resources.

The primary focus of Xemplar Energy’s work in Namibia is the Warmbad project, where the Company has been actively engaged in an aggressive exploration and definition drilling program since October 2007 in a province where eight zones of uranium mineralized continuity with grades of 100PPM to 150PPM has been found. "


The company is being valued at $ 3.41.....LMAO; they have sweet FA!!!!


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(2) WME's resource (July, 2009):


Inferred Resource at Marenica, which stands at 111Mt grading 140ppm U3O8 (17,000 tonnes or 34Mlb of contained U3O8).


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(3) FORSYS resource is a bit of a dog. They tried to sell it and the deal fell over:

Inferred (at 60 ppm cut off) - 119 ppm giving 20Mlbs U3.

They do have some copper and gold reserves, so I am unsure how these factor into the $ 3.45 lbs valuation)


All this just makes me want to buy more Bannerman and EXT. Although I find EXT reasonably valued at current levels.

I still believe there is no better risk/return U3 stock on the ASX, TSX and AIM, than on BMN.


Cheers, Skip